Vietnamese (VN)English (UK)


Module I 14 credits
Microeconomics 3
Macroeconomics 3
Econometrics and Forecasting 4
Graduate's Philosophy 4
Module II 12 credits
Academic Writing 3
Development Economics 3
Elective courses (choose 2 among 5 courses)
Project Appraisal 3
Environmental Economics 3
Rural Development 3
Global Marketing 3
International Trade 3
Module III 12 credits
Elective courses (choose 4 among 6 courses)
Money and Banking 3
International Finance 3
Corporate Finance 3
Public Finance 3
Development Finance 3
Behavioral Finance 3
Module IV 8 credits
Applied Economics 3
Research Methodology 3
Thesis Research Design (TRD) 2




This course will explore the decision making of economic agents (consumers and firms), how they respond to changes in the opportunities and constraints that they face and how they interact in markets. We will begin by studying the theories of consumer behavior and producer behavior. Then we will combine both in the study of individual markets, including perfect competition, monopoly, monopsony, and oligopoly.
The theoretical framework is used as a tool to ask questions and to set up and solve qualitative and quantitative problems that allow us to think analytically about the real world. Main textbook is Pindyck, R., and Rubinfeld, D., Microeconomics, Prentice Hall, 7th edition. 



 This course focuses on the choice making, given limited resources and unlimited needs, by the entire society. In particular, the course will discuss output and its growth theories, unemployment and growth, monetary policy, the balance of payment and growth and development. Two main textbooks are Gartner Manfred, 2009, Macroeconomics, 3th Edition, Prentice Hall and Krugman, P. and Wells, R., 2006. Macroeconomics, Worth Publisher.


Econometrics and Forecasting

 In this course, we study how economists use econometric models to analyze data, and in so doing, investigate the real world and suggest policy implications to policy makers. Econometric techniques allow us to test whether economic theories apply in real world. This course introduces the standard methods for estimating relationships among observed variables and testing hypotheses about those economic relationships based on economic theories.
Main textbook includes Greene WH (2012) Econometric Analysis, 6th edition, Prentice Hall.


Academic Writing

The course sets out to provide learners with an opportunity to enhance their English academic writing. Specifically, learners will be able to produce a long piece of writing that is well organised, structure different types of academic essays appropriately, express complex ideas coherently, understand and accurately use academic writing conventions, follow a formal style of writing, and increase the range of academic vocabulary in their writing


Development Economics

We survey topics in economic development such as growth and innovation/technology change, sources of economic growth, international trade and foreign investment, institution, agriculture and industrialization, human capital and health, migration and remittances. The course will focus on a balance of theory and empirics through academic papers that introduce students to current research methodologies.


Project Appraisal

The objective of the course is to expose participants to both the theoretical principles and to the practical applications of project appraisal. Upon completion of the course participants will have gained the knowledge and skills necessary for conducting the financial, risk, economic and social analyses of projects.


Environmental Economics

 The Environmental economics course is designed to enable students to understand the linkages between economic activities and the environment and vice versa. It discusses the theories and the tools that can be used to understand and measure these relationships so that appropriate decisions on how best to manage the environment and the natural resources can be identified.


Rural Development

 The main theme of the course is delivering knowledge on what theories and policies have been applied in agriculture and rural development over last five decades, what successes, failures and challenges in rural development countries have experienced and how to build up the effective rural development strategy and policy in the developing and transition economies.
This interdisciplinary course aims at providing students with an overview of the vast themes of rural development. The objectives of the course are to enable students to:
1. Understand the basic theories and concepts in rural development and the role of rural development in economic growth, development, poverty reduction and environmental sustainability in the context of globalization and climate change.
2. Apply the basic theories and concepts to analyze the processes of agrarian change in developing countries and to explore and reflect upon current theoretical and policy debates related to agricultural and rural development.
3. Be familiar with concrete issues related to rural development in Vietnam, such as economic growth, equity, poverty alleviation, and environmental protection and the rural development strategy being pursued by the Vietnamese Government and promoted by International Donors.


Global Marketing

This course aims to equip students with the knowledge and understanding of global marketing management through key concepts, and tools, and literature. The course challenges help students to think critically about global marketing competition. Upon completion of this course students are expected to:
(a) Understand the problems and perspectives of global marketing management;
(b) Discuss how environmental factors affect global marketing management
(c) Grasp and describe alternative global marketing strategies
(d) Have an analytical ability to integrate the components of global marketing mix (product development, pricing, promotion, and distribution)
(e) Understand the current global marketing strategies of major firms
(f) Comprehend and apply some analytical frameworks and tools used in global marketing management research 


International Trade

The course unit is intended to impart knowledge on concepts, theories and tools of international trade and finance and to enhance application and analytical skills within the subject area. The subject area and the related policies and issues form an inseparable aspect of growth and stability in the world, and of development process in developing countries. Therefore, in addition to its global perspective the subject should have a developing country perspective in general and, a home country perspective in particular. It is of particular importance to the professionals, policy makers, academics and all other stakeholders alike who impact upon or affected by globalization of trade and finance.


Money and Banking

 The objective of the course is to introduce students to the nature and functioning of financial markets and the role they play in a market-oriented economy, as well as providing an understanding of monetary policy and financial regulation. Students will be made aware of the fact that the financial system is segmented in the sense that different parts of it work differently. An important distinction is drawn between money and capital markets. This understanding of the nature and functioning of financial markets is used to consider the role which financial markets can and should play in the functioning of a market-based economy and the development of such an economy.


International Finance

This course will provide students with an opportunity to learn the fundamental principles of international finance. The world has witnesses the large-scale flows of financial assets from country to country. The international financial markets have become more and more integrated. Economic activities have been taking place well beyond the borders of national economies, and financial investors operate on a world scale and their operations technically happen 24/7.

As usual, benefits generally go together with costs. This course will provide a solid understanding of how the risks involved can be minimised and/or eliminated. The central theme of this course is to identify the determinants of the capital flows; the associated prices; the risks involved; and the techniques to reduce/eliminate those risks. The course starts with a discussion of the international financial markets with a brief overview of the international money and capital markets. A discussion of the national balance of payments is probably the most convenient way to connect international finance and macroeconomics: the two important aspects of this unit.
Foreign exchange markets are discussed in depth with many real-world applications. The core financial theories surrounding the determination of exchange rates are presented at length. These discussions are in response to the fundamental questions that interested parties, such as the policy makers; financial managers of the multinational enterprises; the international portfolio investors; exporters; and importers, ask on a daily basis: how exchange rates are determined. Reducing/eliminating risks using foreign currency derivatives and swaps is also discussed.
The course is then devoted to a consideration of risk management from the point of view of the firm operating in an international environment. Different types of exposures are discussed by applying practical mini-case studies in response to the firm’s strategies with regard to the financial risk management.


Corporate Finance

Corporate Finance deals with the choices that have financial implications for bondholders and stakeholders.
In this course, primary issues that corporate finance addresses are:
 Investment decisions: what long-term investments should a firm take on?
 how should the resources of the firm be allocated among alternative projects?
 Financing decisions: where will the firm get the long-term financing to pay for its investment? how should current operations and new projects be funded?
 Dividend decision: how much of the cash flows generated from the firm’s investments should be returned to the owners and how much should be reinvested?
 Leasing is a way businesses finance plant, property, and equipment. What are the types of leases and the reasons for leasing and the reasons for not leasing?


Public Finance

This course aims at providing students with (1) the basic tools of analysis on public expenditure and taxation policies in general, and (2) the introduction to Vietnamese excise, value-added, personal income and corporate income taxes in particular.


Development Finance

 The main theme of the course is how to build an efficient financial system conducive to economic development in a developing, transition and open economy like Vietnam. The institutional approach is used throughout the course.
The course starts with an overall picture of the institutions and structure of a financial system and their critical role in economic development. In the next lecture discusses government’s failures associated with different forms of financial repressions. Topics of financial liberalization, which is essentially about the debate on the order of financial liberalization and the pace of reforms, are also studied.
This course aims at providing students with an overview of the vast themes of development finance. The objectives of the course are to help students:
1. Understand the institutions and structure of the financial system and the role of financial development in economic growth and development.
2. Apply economic theories to the analysis of the financial sector (instruments, markets, institutions, and infrastructure).
3. Analyze the role of the government in financial development, and examine the requirements and challenges in creating a market-oriented and well-functioning financial system.


Behavioral Finance

 Behavioral finance is a growing field of research which attracts more and more attention. Beyond the misconception in addressing Behavioral Finance as an complementary part of classical finance by detecting anomalies associated with psychological biases, Behavioral Finance aims to explore the finance world with a more open mind. Understanding investors’ preferences, consequently their behaviors could better model and explain financial phenomena.
The applicability of Behavioural Finance ranges widely from theoretical research to practice. This will be gradually revealed during this course. Behavioral Finance is the center of the integration among Psychology, Sociology, Economics, Financial Economics, Investing and Behavioral Accounting. In more details, Behavioral approach can be found in Behavioral Economics, Asset pricing, Corporate Governance, Investment and Portfolio Management, Cultural Finance and Neuro-Finance… and others. The fact that understanding people’s minds, either fixing mistakes or making uses of that motives greatly both theorists and practitioners.
This course is designed for master/ PhD students and also practitioners. This requires a bold knowledge beyond traditional finance theories to propose new ideas and solutions. By the end of this course, participants will have an overview on the limitations of the efficient market hypothesis approach, hence causing anomalies. A deep understanding on the psychological perspectives of investors, consequently their behaviors better explains the remaining financial phenomena. Which is of great meaningful in both theoretical research and practical application.


Applied Economics

This course is organized as a seminar series on different empirical research topics. The course aims to illustrate the way that economists use theories and analytical tools to answer research questions. The course, through each selected topics, will provide examples on how to operationalize a research concept, modeling and analyzing it using quantitative tools.
Each lecture contains an important research topic which is decomposed into two parts. The first part is to introduce the concept related to the lecture’s topic: theories, literature reviews and models will be presented and discussed. In the second part, lecturer will present an empirical research that illustrate how a theoretical concept is converted into an empirical model, analyzed and discussed.
Besides providing research ideas, research approach as well as practical research experiences shared by lecturers, the course also aims to provide students with various reading materials related to the topics. The papers provided, which were carefully selected by lecturers, convey deeper knowledge and more analytical insights to students. As a result, students are expected to understand how a research process evolves and could apply it to their own thesis process. 


Research Methodology

The course is designed to provide students with an introduction to research methodology functional to the writing of a research paper to complete their degree. At the end of the course the students are going to be aware of the basic methodological issues of (economic) science, be able to identify a research objective, translate it into a research question and find appropriate tools to investigate it. Participants should also improve their skills with respect to scientific writing and presentation of quantitative data.